Member Info for Eloro

I am sure that the 2nd Aussie Nincompoop will read something nefarious behind this move😆

Add, we know that Canada doesn't like critical resources being sold to the Chinese. Although ASX listing has been mentioned, the TSX delisting could be a precursor to a deal with Jiangxi, thereby removing the need to obtain Canadian approval. I support the move.

I think the question we have got to ask ourselves is whether any of us will still be alive to see this share come good?

One school of thought is that Jiangxi are chomping at the bit to take us over and that management are holding them back until we are ready.

Another school of thought is that we will be sold the moment ExploreCo is spun off.

Then there is the idiotic theory that the new team awarded themselves 7p options, but for reasons unknown, will short change long-term PIs, and themselves in the process, just so that they can execute a cheap sale because it's in their nature to betray shareholders to whom they have a fiduciary duty. I know, this one doesn't make sense!!

Oh boy! Tom and Jerry are about to kick off!😆

Well said Fort!

SuperRoty, the Chinese haven't increased their stake!?

Where have you been? On 12th March they bought 157m more shares making them the top shareholder. So, I don't understand what you mean that they haven't increased their stake? Do you mean since the March 12th purchase?

Paul Smith works for Solg, not JCC. As far as we know, he and DV doesn’t own stocks in Jiangxi. So, why would they take actions to the detriment of Solgold's shareholders? Like you pointed out Add, PS was doing his duty for his employer. So what is behind the agenda to try and spin it that the new team would ignore their duty to Solg shareholders in favour themselves or other parties which would be a conflict of interest?

This campaign to paint the new team in a negative light is relentless. They havent failed the date for releasing the reset plan. So, again I am wondering what is behind the 2nd Aussie nincompoop's mission to get folks shareholding info, and now to try and discredit the new team? By their actions, ye shall know them. Action speaks louder than words. The new team should be judged by their actions and not by the posts of an illiterate poster who has no honour.

I agree with Fort that the options should have been performance based. However, I am OK so long as they deliver.

I would like to know the details of the reset plan.

-What does it involve?

-How much will it cost?

-How long will it all take?

-How will we be allocated ownership of ExploreCo?

-Details if the ASX listing and how will my ISA be impacted?

-Will management implement a 10:1 share reverse split to getthe SP back up?

While I agree that Caldwell should forfeit his options, I don't understand why folks believe that DV and PS should not have been given options? It is standard practice for CEOs to receive options as part of their compensation, and to incentivise him/her. How else do folks believe that DV should be incentivised? Do you all expect him to work for nothing? I don't have a problem with him getting options because he must believe that he will make money from them. That is a positive for us. Unless someone can explain how he can benefit from his 7p options while we lose out at the same time, I will continue to think as I do. I don't agree with the conspiracy agenda driven theory that they plan to sell us out cheap. NM and his greed got us to where we are by alienating BHP. I am willing to give the new team a chance until they do something to turn me off them.

Rodney, from your post, I now deduced that you are also an illiterate Aussie Nincompoop from the same graduating class as NAL and that English isn't your mother tongue.

It's part of English Comprehension to make deduction from what another person say, writes.

Would you have us believe that you writing that a sale at 12p yields them enormous profits mean that they would be unhappy? You tried to convince us that the new team would make enormous profits by selling at 12p, thereby implying that their mission is to sell us out cheap. You even stated that from your research, that's what they've done in the past and that is likely to happen here. Now you are back pedalling. You even challenged Add to carry out his own research to disprove what you have stated that the team will do here based on their past history. You are either an Aussie or someone who dropped out of school at 16 and went walkabout!

I am done engaging with you. You have no honour, nor credibility in my opinion.

Are you blind Rodney?

Or is it that you cannot read what you previously posted?

Here is the specific line:

"A sale at 12p yields them enormous profits —"

Are you now saying that you didn't post that on May 21st, 2025 at 13:32?

It's there for all to see. I stand by my assertion that you are coming across as a cad and a bounder by denying what you post.

You are the one being unpleasant when you racked up here pressuring us to enter our holdings on your register while refusing to tell us why we should. I objected to participate as did a few others. Frankly, I don't trust you Rodney. I would rather trust Mad Jack before I trust you.

No Rodney, I will not retract. On May 21st, at 13:32 you posted:

"It Enables a Cheap Takeover

A low price makes any bid appear generous — even if it dramatically undervalues the company.

For example:

Current price: 7.0p

Potential offer: 10.5p

Superficial premium: 50%

But real NAV may be 100p

Result: Long-term shareholders are short-changed.

It Amplifies Insider Gains

Management awarded themselves millions of options at 7p.

A sale at 12p yields them enormous profits — but only because the base price is so low.

Shareholders bear the cost of this windfall."

You clearly mentioned 12p. So now I am wondering what is going on with you?

You came here trying to force us to sign your ledger for NM. You then went evangelical trying to convince us that Dan will sell us out on the cheap. Now you are denying what you posted! You Sir is coming across as a cad and a bounder😆

I know that Rodney thinks that PS and DV would be happy with a sale at 12p and would be quids in. I don't agree, these guys want millions on their options, not a pittance that can't even buy them a super yacht😆

They would be looking for a 10 bagger at least. They have it in their power to get the SP back up to a decent level, just as how the buffoon used his power to decimate the SP!

Agreed PBOW, the same person on twitter also indicated that BHP & NM will not touch a deposit located at the head water of the Amazon because of the reputational damage to their image should something goes wrong, whereas the Chinese doesn't care about such things. Looking more and more like there won't be any bidding war and that the Chinese have this in the bag already. Sorry RR, I know how you love the Chinese taking over everything that aren't nailed down😆

Someone on Twitter posted that Jiangxi is ready to strike/bid and that they are just waiting for ExploreCo to be spun off. Doesn't sound like there will be a feeding frenzy if that's the case 🤔

The illiterate Aussie moron Nincompoop writes:

"Your the moron, not me."

In so doing provided proof, if one was required, just how illiterate he is!!

You are so dumb NAL, you don't even realise just how much folks here despise you. A normal person who can read social cues would have cotton on and not continue to hang around like a fart in a lift. You are despised. Nothing that you post contains anything of any informative value. So why do you continue to post here 24 7 given that you have such a negative opinion of everyone here? Normal people only hang around people they like and have something in common with. You have nothing in common with any of us here, not even the trolls because they at least can tell the difference between YOUR & YOU ARE!😉

What a maroon😆

Moron,

What is your obsession with Add? Could it be because he is an educated gentleman while you are an illiterate nincompoop who is incapable of stringing together a coherent sentence?

If we are all the negative things you say, why are you here 7 days of the week? If you are so wise, shouldn't you be on a BB with people of your own ilk?

Oh I wish a salt water Croc would have you for dinner😆

...batted for NM...

Rodney is an enigma. He batted for NN who cannot return. He is unwilling to give the new team a chance to prove themselves. Most people gets 6 months to 1 year probation when taking up a new post. Yet, Rodney expects miracles within a day. Dan is a newly hired CEo. He is not the man from Nazareth!

What puzzles me the most is Rodney is painting scenarios of insiders selling cheap us when there is no sign so far of the new guys executing tasks that could lead a reasonable person to believe that is what they are about! I really don't get what you are banging on about Rodney? All ceos get options, yet you appear to expect Dan to refuse to take the options which is part of his compensation! Give the team time to do their job. These guys aren't Scott Caldwell. They are financial guys with nowse.

Rodney, I don't quite follow what you are saying.

Dan got 15m shares at 7p. If sold at 12p that would be £1.8m for shares costing £1m. Do you really believe that the new team, financial guys, would be very happy with just 0.8m profit?

I would imagine they would want millions, not 0.8m. I expect them to make enough money to maintain their lifestyle. Not many super yachts selling for 0.8m.

Fort, I totally agree that failure should not be rewarded. Regarding the share sale, they had no choice at this point otherwise the company would have ran out of cash. Rather the sale than the alternative.

I guess that they must expect the SP to recover for them to make money on the options. They aren't lining their pockets if the SP never goes up.